We are live on ! Find out more
UTG icon

Reaves Utility Income Fund
UTG

61 hedge funds and large institutions have $73.2M invested in Reaves Utility Income Fund in 2014 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 19 increasing their positions, 13 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

175% more first-time investments, than exits

New positions opened: 11 | Existing positions closed: 4

46% more repeat investments, than reductions

Existing positions increased: 19 | Existing positions reduced: 13

18% more capital invested

Capital invested by funds: $61.9M → $73.2M (+$11.3M)

11% more funds holding

Funds holding: 55 → 61 (+6)

0.34% more ownership

Funds ownership: 7.5% → 7.85% (+0.34%)

100% less funds holding in top 10

Funds holding in top 10: 1 → 0 (-1)

Holders
61
Holders Change
+6
Holders Change %
+10.91%
% of All Funds
1.63%
Holding in Top 10
–
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
–
New
11
Increased
19
Reduced
13
Closed
4
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

1
Bank of America
Bank of America
North Carolina
+$3.27M
2
GC
Guggenheim Capital
Illinois
+$2.76M
3
Morgan Stanley
Morgan Stanley
New York
+$1.21M
4
AAM
Advisors Asset Management
Colorado
+$792K
5
Wells Fargo
Wells Fargo
California
+$554K

Top Sellers

1
YCM
Yakira Capital Management
Connecticut
-$3.21M
2
Cohen & Steers
Cohen & Steers
New York
-$1.67M
3
CA
Cornerstone Advisors
North Carolina
-$1.2M
4
CL
CSS LLC
Illinois
-$997K
5
NPC
National Planning Corporation
California
-$550K
Name Holding Trade Value Shares
Change 		Change in
Stake
RMAM
51
Raab & Moskowitz Asset Management
New Jersey
$31K +$29K +961 New
IC
52
Intersect Capital
California
$28K +$26.4K +875 New
HCM
53
Highlander Capital Management
New Jersey
$20K – – –
BFEC
54
Benjamin F. Edwards & Company
Missouri
$20K +$18.5K +613 New
CFA
55
Carroll Financial Associates
North Carolina
$19K -$8.64K -286 -33%
TFA
56
Transamerica Financial Advisors
Florida
$17K +$15.4K +511 New
GT
57
Glenmede Trust
Pennsylvania
$16K – – –
NFG
58
Next Financial Group
Texas
$15K – – –
US Bancorp
59
US Bancorp
Minnesota
$10K – – –
CFSG
60
Community Financial Services Group
Vermont
$5K +$4.62K +153 New
TRCT
61
Tower Research Capital (TRC)
New York
$4K – – –
CL
62
CSS LLC
Illinois
– -$997K -35,093 Closed
SFSIG
63
San Francisco Sentry Investment Group
California
– -$29K -1,022 Closed
Ameriprise
64
Ameriprise
Minnesota
– -$11K -388 Closed
1 2
3

UTG Hedge Fund Activity: Q4 2014 in Review

61 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Reaves Utility Income Fund (UTG) for Q4 2014, worth a combined $73.2M — up 18% from $61.9M a quarter earlier.

Buyers outnumbered sellers: 11 funds opened new UTG positions and 4 closed out — a net gain of 7 holders — while 19 added to existing stakes and 13 trimmed.

The largest buyer was Bank of America, adding an estimated $3.27M. The largest seller was Yakira Capital Management, cutting an estimated $3.21M.

  • 61 institutional investors held Reaves Utility Income Fund (UTG) as of Q4 2014, up from 55 in Q3 2014.
  • Funds reported $73.2M of Reaves Utility Income Fund stock for Q4 2014, up 18% quarter-over-quarter.
  • 11 funds opened new Reaves Utility Income Fund positions in Q4 2014 and 4 closed out, a net change of +7 holders.
  • The largest Reaves Utility Income Fund buyer in Q4 2014 was Bank of America, an estimated $3.27M added.
  • The largest Reaves Utility Income Fund seller in Q4 2014 was Yakira Capital Management, an estimated $3.21M sold.

Based on aggregated 13F filings for Q4 2014.